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By Connor HartShares of Zscaler fell after the cybersecurity company promoted Ross Tackett to the role of chief revenue officer, succeeding Mike Rich.The stock was recently down 8.1%, to $197.27, on Friday. Shares have lost nearly 11% of their value year to date.Zscaler said late Thursday that Rich…
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Fear” zone on Monday. U.S. stocks settled lower on Monday, with the Dow Jones index falling more than 150 points during the session amid surge in oil prices, extending last week’s gains after Saudi Arab
Major U.S. stock indices closed lower on Monday, with the Dow Jones Industrial Average falling 0.29% to 52,421.20, the S&P 500 declining 0.48% to 7,619.98 and the Nasdaq Composite slipping 0.56% to 26,186.41. The semiconductor sector faced significant pressure, while security software stocks saw gains. Meanwhile, the 1
U.S. equities fell at midday Wednesday as Brent crude topped $100 a barrel and the 10-year Treasury yield climbed to a three-year high, reviving inflation and rate-hike concerns. Energy was the only S&P 500 sector in positive territory.
U.S. stocks ended the week mixed after August jobs data beat expectations, with employers adding 162,000 positions and unemployment holding at 4.1%, boosting bets the Federal Reserve could raise rates in September.
Zscaler shares fell 4.4% in the afternoon session after reporting second-quarter results that beat expectations. Conservative guidance for net-new annual recurring revenue weighed on sentiment.
Zscaler reported fourth-quarter revenue of $898.16 million and adjusted EPS of $1.19, both above estimates. It guided first-quarter revenue to $935 million-$939 million and fiscal 2027 revenue to $3.91 billion-$3.94 billion.
ONFO is down 33% in a TradeXchange premarket list of top small-cap negative news movers, which also cites earnings as the listed item for the stock.
Zscaler's growth forecast misses expectations, sending shares lower. Cloud security company's outlook disappoints investors.
Zscaler's Q3 earnings beat overshadowed by cut FCF guidance, sending shares lower. Cloud security firm's outlook disappoints investors.
Zscaler's Q3 earnings beat expectations, but lower free cash flow outlook weighs on stock. Revenue growth slows.